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Federal Funding Creates Growth Opportunities for Home Care Organizations

October 7, 2020

The Centers for Medicare and Medicaid Services (CMS) recently announced new funding opportunities for states to begin transitioning care from long-term care (LTC) facilities to home and community-based care settings. This funding presents tremendous growth potential for in-home care organizations and can also mean happier seniors and lower costs of care for families and states.

What Pushed CMS to Make This Decision

In light of the havoc wreaked on long-term care facilities by COVID-19, many expect that more seniors and their families will want to transition to care in the home. Recognizing the need for available in-home care options, CMS earmarked up to $165 million for states to begin transitioning older adults into home and community-based care settings.

“Home and community-based care is not only frequently more cost-effective, but is preferred by seniors and adults with disabilities seeking to maintain the dignity of independent living,” CMS Administrator Seema Verma said in the agency’s announcement. “This new federal investment will help states get our loved ones back home.”

What Home Care Organizations Should Do

Organizations that can provide personal care assistance in the home are primed to assist with transitions from nursing homes and other long-term care facilities into homes and communities.

Home care organizations can help through:

  • Specialty programs, such as a transitional care program
  • Programs specifically designed to work closely with LTC facilities to make sure all client needs can be met in the home
  • Fall prevention programs
  • Meal preparation programs
  • Senior safety programs

What This Means for Your Home Care Business

By aligning with local LTC facilities to find adults interested in transitioning into the home, home care organizations can grow business and referral bases.

These transitions will require constant communication between the home care organization and the LTC facility. The two will need to work together to ensure that clients and their families feel comfortable and well-prepared to make the transition.

A successful partnership with LTC facilities can create a stronger referral base, ensuring more clients are recommended for your care in the future. With this influx of clients, Axxess recommends this five-part blog series on achieving long-lasting home care success as your business continues to grow.

Axxess is dedicated to improving care in the home with our innovative home care software, Axxess Home Care, that empowers organizations to provide exceptional care. When home care organizations streamline their operations with the right software, caregivers can provide the highest level of quality care to clients.

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